Key Market Indicators
Tourism in Saudi Arabia is expected to take a dip in the next five years, according to recent projections. Receipts are predicted to fall from around $9.4 billion in 2021 to $7.6 billion by 2026, a decrease of 6.6% year-on-year on average. Since 2007, the market has seen a decline of 11.8% year-on-year. Tourist arrivals are expected to reach 21.5 million in 2026, coming in slightly higher than the current figure of 20.2 million. This indicates a growth of 1% year-on-year on average, though since 2009 there has been a decline of 0.6% in demand.